Services - Hotels & Other Lodging

Asking Price	$400,000	Inventory	$5,000*
Gross Income	$194,131.00	Real Estate	?*
Cash Flow	Not Disclosed	Year Established	1950
FF&E	$69,000*	Employees	3 plus us

* included in the asking price

** not included in the asking price

Well Established 22 Room Motel in Growing Town

Would you like to move out of the city to a nice growing- small modern town. Colby is called " The Oasis of The Plains " to the people that live here. A nice 22 room motel with 3000 + Sq. ft. 5 bedroom 2 story home .

Facilities: This motel was first established in 1950. The motel is on 3/4 of a block in a residential part of Colby on highway 24 or 4th. st. and Country Club Dr. (See map on web site.)The corner 8 units were brought in around 1975. The office-laundry room and living quarters are in the courtyard with the remaining 14 rooms. 7 of these rooms have kitchens. 3 rooms are totally re-done, others have been partly re-modeled. The two story Home and new office is about 7 yrs old.

Competition: We are about 2 miles off of I -70 on exit 54 in Colby. Exit 54 is Country Club Drive and comes directly to us, the only Motel at this end of town . We have many signs at strategic locations. Motel near Country Club and Community Center. 24 hr. food and gas nearby. We have the only kitchenettes in town. Colby has 5 major motels at exit 53. All are priced $10 to $50 per night higher.

Growth/Expansion: In the corner of the courtyard there is a room to be finished that could be a small restaurant, apt. or meeting room. Also 2 rooms to finish into motel rooms. The house was built for a large family . or to be seperated into 3 dwellings.

Support/Training: We will be here for you to learn all aspects of the business. Within reasonable time limits.

Reason Selling: We are getting older and time for change.